The Australian Government has introduced a new policy, the Safeguard Mechanism, to reach their 2030 emissions target. However, the policy merely requires companies to buy carbon credits to offset their emissions rather than reducing their emissions, and there is no limit to the number of credits they can buy. The policy is a re-packaged version of a previous policy that was designed to protect the coal and gas industry. The government inquiry into carbon credit integrity, which was conducted by individuals linked to the carbon credit industry, found that the credits are "essentially sound". The policy's main purpose is to distract the public while allowing the fossil fuel industry to continue profiting.
• Legislate - to make a law
• Symbolic - serving as a symbol or sign
• Achieve - to successfully complete or accomplish a goal
• Shit-Lite - an inferior or weak version of something
• Recycled - made from materials that have been used before
• Safeguard - a measure taken to protect something from harm or damage
• Coal and gas industry - companies involved in the production and distribution of coal and gas
• Prick - an insulting term for a person who behaves in an unpleasant way
• Coz - abbreviation for "because"
• NeT ZeRo - a term used to describe an entity that produces zero net carbon emissions
• Inquiry - an investigation or examination
• Integrity - the quality of being honest and having strong moral principles
• Bullshit - false or exaggerated statements made to deceive someone
• Ching-ching - a slang term for money or cash
Source: The Juice Media